stc Group posted record revenues of R77.8 billion ($20.75 billion) in 2025, up 2.5% year-on-year. Net profit excluding non-recurring items increased by 12.5%, demonstrating the strength of the group’s business model and the continued implementation of its sustainable growth strategy, the company said.
The company reported a net profit of R14,828 million. (According to a company filing with the Saudi Stock Exchange, net profit for 2024 was SAR 24,689 million after recording SAR 13,973 million in net profit from non-recurring operations (non-recurring items) as a result of the gain on the sale of controlling interests in STC’s subsidiaries Telecommunications Towers Company (TAWAL) and Digital Infrastructure Company).
Gross profit increased to SAR 37.7 billion and operating profit reached SAR 14.4 billion. Earnings before interest, tax, zakat, depreciation and amortization (EBITDA) amounted to approximately R24.5 billion, an increase of 6.1% excluding non-recurring items. This growth was driven by improved operational efficiency and disciplined management of costs and capital investments. The group also announced a dividend of R0.55 per share for the fourth quarter of 2025, in line with the approved dividend policy.
stc Group CEO Eng Olayan bin Mohammed Alwetaid said the results reflected the group’s ability to achieve sustained profitable growth while diversifying its revenue sources and strengthening its digital infrastructure. He noted that the group conducted the first regional trials of 7GHz spectrum this year in preparation for 6G technology, as well as expanding its network to over 10,800 5G sites and 3.75 million fiber-to-the-home connections.
Improving employee skills
In addition to its strong financial performance, stc Group continues to invest in developing the capabilities and skills of its employees. Over the past year, the group said it has made significant progress in developing its workforce through programs such as the Partner Development Programme, Job Attachment Initiative and the STC Academy.
He also sponsored the Human Capabilities Initiative Conference, in which he launched a public training platform aimed at equipping the country’s workforce with the skills needed for the future labor market, and highlighted efforts to build digital capabilities and strengthen competitiveness.
Additionally, STC plays a key role in supporting the organization of major international events and religious seasons such as Hajj and Umrah. The Group also continues to support national forums and major events through reliable digital infrastructure that enhances the readiness of critical sectors with high efficiency.
advanced solutions
stc provides advanced connectivity solutions and digital services in compliance with the highest international standards, contributing to strengthening Saudi Arabia’s position as a leading destination in various sectors. These initiatives, coupled with the brand’s strong presence, strengthen STC Group’s position as a leading digital enabler in the region, the company said.
During the year, the number of STC Bank customers exceeded 8 million, and strategic partnerships were signed to establish dedicated data centers with a capacity of up to 1 gigawatt.
The group also signed multi-billion riyal strategic agreements in the digital infrastructure sector and issued a $2 billion sukuk, which was more than four times oversubscribed, reflecting investors’ confidence in the group’s strong financial position.
In terms of sustainability, the group’s MSCI rating improved to AA and it also achieved 5 stars in the EFQM certification. stc maintained its position as the strongest brand in the Middle East for the sixth consecutive year. – TradeArabia News Service
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